Analysis of recent property sales -- official HM Land Registry data
The average house price in NE40 (NE40 3AA) is £212,568, based on 27 transactions recorded by HM Land Registry. The median price is £188,850, giving a price range from £70,000 to £495,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-26 | £242,000 | T | 132.0 m² |
| 2026-01-07 | £188,000 | S | 103.0 m² |
| 2025-12-19 | £255,000 | S | 79.0 m² |
| 2025-12-19 | £92,000 | S | 63.0 m² |
| 2025-12-17 | £122,000 | T | 74.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: NE40
NE40 recorded 27 residential sales in the twelve-month window, enough to ground the median but not so many that property-type or street-level differences wash out. Individual sales ranged from £70k to £495k, which is a normal spread for a postcode of this size.
Terraced houses were the most common transaction type, representing 48% of sales, while semi-detached houses accounted for 37%.
The NE40 3AA dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 11.4%, based on ONS regional rents.